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Climate, Energy & Transport

On the road from coal to renewable energy, China has a complex challenge to face: it must satisfy rising energy demand while reducing carbon emissions and sustainably managing water use without hobbling the power and agriculture sectors or the overall economy. Water stress adds to the challenge, because 66.5% of China's coal-fired power plants are in areas where water is scarce.

To prevent the most dangerous impacts of climate change, greenhouse gas emissions will have to reach net zero by 2050. That will require both deep cuts in emissions and the removal of remaining emissions directly from the atmosphere. Making that happen will take concerted U.S. innovation akin to a moonshot. In this case, it's a CarbonShot.

As we approach the Year of the Rat and begin a new 12-year cycle of the Chinese zodiac, three profound challenges face the world: how to build a more stable and efficient trading system, tackle climate change and protect biodiversity. China has a pivotal role to play in all three.

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